From storms and cold snaps to heatwaves, extreme weather events can have major implications for electricity generation and supply – and as a consequence, for power markets. Being able to anticipate extreme weather and understand its potential impact on electricity availability and pricing is therefore extremely useful to market stakeholders, from asset owners and grid operators to power traders.
The ability to properly quantify what an extreme event means for power demand, as well as the impact on supply in terms of unplanned extreme weather and power outages, is paramount. Whether an asset operator or a power trader, the more visibility we have into an event as it unfolds, the more confidence the industry can have that industry stakeholders are addressing the likely consequences effectively.
At the same time, the industry needs accurate power outage data concerning the impact of extreme weather on the functioning of the grid. What generating assets are offline or being impacted in terms of performance? Where are unplanned extreme weather and power outages causing congestion?
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Fuente: CNBC - 🏆 12. / 72 Leer más »